How to Not Let Your Feelings Hijack Your Decisions, with Mollie West Duffy

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 19 May 2022

⏱️ 81 minutes

🔗️ Recording | iTunes | RSS

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Summary

#381: Maybe you’re envious of your friend who bought Bitcoin in 2015 and held until it hit 7-figures. Maybe you’re anxious about rapidly rising home prices. Maybe you regret that you didn’t buy a rental property five years ago, because – at the time – you felt like prices had already risen so much (from 2012 to 2017) that you just couldn’t justify paying 2017’s pricetag. Our lives, finances and careers invoke many strong feelings. In today’s episode, Mollie West Duffy, the co-author of Big Feelings, shares strategies for not letting our feelings hijack our choices. Mollie and her co-author, Liz Fosslien, run an Instagram channel about emotional management with half a million followers. Fosslien is an economist and behavioral scientist whose work has been featured by The Economist, Freakonomics and NPR. Duffy is an organizational and leadership development expert who’s written for Harvard Business Review. They tackle relatable workplace issues like perfectionism, productivity guilt and Zoom fatigue, among much more. Enjoy! For more information, visit the show notes at https://affordanything.com/episode381 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Real quick, before we start today's episode, there's a lot happening in the economy right
0:04.3	now.
0:05.7	Stock market tanking, crypto market tanking, fears of a recession, runaway inflation, it's
0:10.7	a scary time, but knowledge can get you through.
0:14.1	So we've created a free guide to understanding inflation and recession.
0:20.2	Not predicting what's going to happen in the future, just understanding what's happening
0:23.2	in the moment and what has happened historically.
0:26.3	You can download this free guide at affordanything.com slash inflation.
0:31.8	With that said, let's get today's show started.
0:42.2	You can afford anything, you just can't afford everything.
0:44.8	Every choice that you make is a trade off against something else, and that doesn't just
0:48.3	apply to your money.
0:49.5	That applies to any limited resource you need to manage.
0:52.7	Like your time, your focus, your energy, your attention, saying yes to anything, results
1:00.0	in trade-offs.
1:01.5	And that opens up two questions.
1:03.5	First, what do you value?
1:06.4	What are your true priorities, not the priorities that society hands to you?
1:10.5	What are yours?
1:11.5	That's the first question and the second is, how do you make wiser decisions based around
1:18.0	the things that matter most?
1:20.7	Knowing those two questions is a lifetime practice, and that's what this podcast is here
	...

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